RBI Exams 2020

The Reserve Bank of India conducts examinations for recruitment to various posts in the RBI. The RBI was established in 1935 and nationalised in 1949. It is the apex bank in the country responsible for maintaining the Consolidated Fund of India and formulating banking policies.

A job in the apex bank is considered highly prestigious and hence the competition is really high and equivalent to other Government exams. In this article, we have provided some information about the different RBI exams scheduled to be conducted in 2020.

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Refer to the links given below and ace the RBI exam:

RBI Grade B Exam

The RBI Grade B exam is conducted every year to recruit officers into the Reserve Bank.

The official RBI Grade B Exam Notification 2020 is yet to be released on the official website.

Successful candidates are inducted into the bank as officers in the following departments:

  • Direct Recruitment(DR) General Cadre
  • Department of Economic Policy and Research(DEPR)
  • Department of Statistics and Information Management(DISM)

Bank Exams 2020

RBI Grade B Eligibility

The RBI has the following basic criteria for candidates desirous of applying for Grade B Posts:

  • Age Limits: Between 21 to 30 years for Graduates. Upper age limits are 32 years for M.Phil and 34 years for PhD holders.
  • Educational Qualifications: Candidates have to attain at least an undergraduate degree to be able to appear for the RBI Grade B exam. Educational requirements and RBI cut off for marks in the highest educational qualification vary according to the department applied for.
  • Nationality: Only Indian Nationals and subjects of Nepal and Bhutan are eligible to appear in the RBI exam. Refugees and migrants from certain countries are also allowed if they can produce a certificate of eligibility from the Government of India.
  • Number of Attempts: Unreserved category candidates can appear in the exam up to 6 times.

For detailed information regarding the RBI Grade B eligibility criteria, candidates can visit the linked article.

RBI admit cards are issued only to candidates who fulfil all the above criteria and are able to produce documentary proof when requested.

RBI Grade B Exam Pattern

The RBI Grade B exam consists of two written exams and an interview as described in the following table:

Examination Subjects
Phase I Examination General Awareness
English Language
Quantitative Aptitude
Reasoning Ability
Phase II Examination Economic and Social Issues
English Language
Finance and Management/Economics/Statistics
Phase III Interview General Awareness and Interpersonal Skills

Currently, the RBI Grade B Officer recruitment for the year 2019 is ongoing, Candidates must keep themselves updated with the latest information regarding the RBI 2020 notification.

RBI Grade B Notification And RBI Exam Date

The RBI Grade B notification 2019 was released on September 20, 2019, on the official website of Reserve Bank of India. The following is the updated exam calendar for 2019:

Event RBI Grade B Exam Date
RBI Exam Notification September 20, 2019
Phase I Examination November 9, 2019
Phase II Examination December 1, 2019

December 2, 2019

Phase III Interview August 5, 2020 – August 25, 2020
Declaration of RBI Result To be notified

RBI Grade B Syllabus

The syllabus of the RBI exam is roughly equivalent to the level of a graduate in Economics. The following major topics are covered by the exam:

  • English Writing Skills
  • Economic and Social Issues
  • Finance
  • Management
  • General Awareness
  • Current Affairs
  • Micro and Macro Economics
  • Indian Economy and Related Topics

It is important that a candidate must have complete knowledge of the RBI Grade B syllabus to prepare and perform well in the examination.

RBI Grade C Exam

The RBI Grade C exam is conducted periodically to recruit specialists for running day to day operations at the bank. The eligibility criteria, syllabus and educational qualifications vary based on the specialisation required by the bank. The Grade C exam notification usually gets published in December every year. The exam pattern is based on the shortlisting of applications based on the following criteria:

  • Experience in the area of specialisation applied for
  • Education Achievement
  • Record of Service
  • Special Achievement and Awards if any

The shortlisted candidates are called for an interview. Based on the scores secured in the interview, candidates are awarded contracts by the RBI to work for them.

RBI Assistant Exam

The RBI Assistant exam is conducted to recruit candidates into the clerical and assistant cadre handling day to day operations of the bank. The RBI Assistant 2020 notification has been released and candidates willing to appear for the RBI exams can fill in the application form. The following are a few details about the exam:

RBI Assistant Eligibility

RBI Assistant eligibility is a set of requirements that are stated by the conducting body for a candidate to apply for the exam. The RBI asks candidates to fulfil the following criteria for applying for RBI Assistant post:

  • Age Limits: Between 21 to 28
  • Educational Qualifications: Candidates have to attain at least an undergraduate degree to be able to appear for the exam.
  • Nationality: Only Indian Nationals and subjects of Nepal and Bhutan are eligible to appear in the RBI exam. Refugees and migrants from a few countries are also allowed if they can produce a certificate of eligibility from the Government of India.

RBI Assistant admit card is issued only for those candidates who satisfy the above eligibility criteria.

To know more about bank exams, check out:

RBI Assistant Exam Pattern And Syllabus

The RBI Assistant Exam consists of two stages, the Phase I and Phase II exams. The following is the basic pattern and syllabus of the exams:

RBI Assistant Phase I:

Paper Syllabus
RBI Assistant Preliminary Exam English Language
Numerical Ability
Reasoning Ability

RBI Assistant Phase II:

Paper Syllabus
RBI Assistant Main Exam English Language
Quantitative Aptitude
Reasoning Ability
Computer Knowledge
General Awareness

To know the detailed RBI Assistant syllabus and exam pattern, candidates can refer to the linked article and prepare themselves accordingly.

RBI Assistant Notification And RBI Exam Date

The last date to apply for the RBI Assistant exam 2020 has been extended to January 24, 2020. The RBI Assistant Exam 2020 is scheduled to be conducted in the month of February and March. The important dates related to the RBI Assistant Exam are given below:

Event Tentative Date
Online Application December 23, 2019, to January 24, 2020
RBI Exam Date Prelims February 14 & 15, 2020
Mains To Be Notified Later

For more details regarding the RBI Assistant notification, candidates can visit the linked article. There are other exams notified by the Reserve Bank of India from time to time based on the number of vacancies they have. Usually, the number of vacancies is lower than competitive exams demanding a similar level of proficiency.

A career in the RBI is one of the most successful and secure careers in the country. This, combined with the prestige associated with working at the apex bank of the country increases the competition level.

Candidates should prepare thoroughly to be able to see their names in the RBI Result sheet published after each exam. BYJU’S has developed a series of RBI mock tests, study material and infographics to enable candidates to prepare for the exams and become the top bankers of the country.

It is suggested that candidates must refer to the links given below while preparing for the various RBI exams:

8 Comments

  1. Is RBI assistant EXAM conduct every year?

    1. Hi Rajashri,
      No, the exam is not conducted annually, the last RBI Assistant exam was conducted in 2017 and the RBI Assistant exam 2020 is in process. Know the dates and important information related to the exam on RBI Notification.

  2. Is there no phase-3 (Interview process) in rbi assistant exam ?

    1. Hi Shubham,
      There is no interview process in RBI Assistant Examination. Check the following links for you preparation.
      RBI Assistant Mock test
      RBI Assistant Question Papers

  3. Rbi assistent exams are conducted aftee September?

    1. Hi Apporva,
      RBI Assistant exam 2020 notification was released in December 2019 and the recruitment process for the same is under process. So, RBi Assistant Notification for 2021 can be expected after September.
      You can check RBI Assistant Syllabus
      RBI Assistant Mock Test

  4. What are the upcoming RBI exams?

    1. Hi Sree,
      RBI Assistant 2020 and RBI Grade B 2019 is ongoing. The official notification For RBI 2020 shall release by September or October. Kindly check RBI Grade B Notification and RBI Assistant notification for clarification.

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